Pro Viviendas I Inc

Analysis

Pro Viviendas I Inc is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in March 1995, 31 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pro Viviendas I Inc reported income of $2.1m and spending of $2.3m, spending 109% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $1.9m to $2.1m (+10%), an average of +3.3% a year. Over the whole period it spent 98% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Pro Viviendas I Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 81st percentile within PR. Charities of a similar size with the same main cause include Gerard Place Housing Development Fund Company Inc ($2.1m), Annie Schaffer Senior Center of Schenectady County Inc ($2.1m) and Main Street Baptist Church Manor Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $30k (1.3% of expenses). At year end it held assets of $9.1m against liabilities of $4.4m, net assets of $4.7m.